TAMAN RIANG (SPT) in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 440K and a median price per square foot (PSF) of RM 314.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 408K to RM 472K, and a typical market range of RM 410K to RM 471K.
Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 314, with core pricing between RM 256 and RM 372. Market pricing typically extends from RM 251.50 to RM 376.50, reflecting moderate variation in unit pricing. The spread of RM 125.00 (IQR) and deviation of RM 58 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
